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For Sale

Unit 21 Devonshire Meadows Broadley Industrial Park

Specifications

4,500 Sq Ft (418.05 Sq M)
£
For Sale: £385,000 Freehold
Unit 21 Devonshire Meadows Broadley Industrial Park, Roborough, Plymouth, PL6
Current Brochure

Summary

Industrial investment
Established and popular location
Producing £28,500 pa
£385,000
GIA - 4,500 sq ft
Established tenant in occupation on the same estate since 2010
Annual RPI increases
7.11% assuming purchaser costs of 4.07%.

Description

Devonshire Meadows is a modern industrial and mixed-use development, within a landscaped environment benefitting from a range of tenants.

The building is a steel portal frame construction with part block and part steel panel elevations under a profile roof with translucent light panels. The unit benefits from a high eaves height with minimum eaves height of 5m and a roller shutter door that is 4m high and 4m wide. The floor is typically concrete. Unit 21 currently links with Units 22 and 25 as they are the same tenant.

Externally, there is allocated parking and circulation space with landscaped grounds.

Location

Plymouth is the second largest city on the South Coast of England and after Bristol, the largest in the Southwest with a resident population of 264,700. There are a further 100,000 in its travel-to-work area. The city has an economic output of £5.03 billion, 110,300 jobs and it plans to get bigger by growing its population and expanding its economy. Britain's Ocean City nestles in an Area of Outstanding Natural Beauty with the Dartmoor National Park to the North, whilst the natural harbour of Plymouth Sound creates the Southern Border with the Rivers Plym and Tamar on either side. Plymouth is renowned for its maritime history, which includes Drake and the Pilgrim Fathers. The Marine Industry Sector is extremely important in the city with 300 firms employing around 13,600 people. Plymouth University is one of the largest centres for marine excellence in Europe. Plymouth is also one of 8 freeport locations within the UK. For more information click here.

The City has excellent road connections with the A38 linking west to Cornwall and east to the national motorway network at Junction 31 of the M5 motorway at Exeter. Plymouth's mainline railway station provides regular services to London Paddington of just over three hours. There are also other direct services to Bristol, the Midlands, the North, Scotland and South Wales. Exeter Airport is approximately 50 miles away and Newquay Airport is approximately 45 miles away.
By Road:
Exeter - 45 miles (72 km)
Bristol - 120 miles (193 km)
London - 215 miles (346 km)

Devonshire Meadows is located to the north of the city, accessed via the A386 Tavistock Road which connects to the A38 at Mannadon.

Accommodation

Plans and floor areas have been provided by the landlord from management records. They are not to scale and for illustrative purposes only, interested parties are advised to confirm their accuracy themselves. Measurements are gross internal.

Total- 418.1 sq m / 4,500 sq ft

Service Charge

A service charge levied for the upkeep and maintenance of the estate The tenant contributes their proportion.

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value for Units 21, 22 & 25 is £64,000, therefore making the approximate Rates Payable £35,520 per annum for 2025/26.

Contact our team of business rates experts if you have a query about the rateable value of this property.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries. We understand there is a gas pipe running across the raised turfed section to the north of the industrial units and there are associated rights in place- please see data pack for more details and title documents.

EPC / MEES

C (69)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property is elected for VAT and therefore will be payable on the purchase price.

Agent Contacts